$AMS AG(AMSSY)$ $Lumentum控股(LITE)$
past:
ams reports record results for full year 2019, revenues up 32% year-on-year; record fourth quarter revenues of USD 655 million above guidance range with strong operating profitability
future:
On the basis of available information, ams expects first quarter revenues of USD 480-520 million showing a less pronounced level of seasonality and a strong year-on-year increase of 28% at the midpoint. The adjusted operating (EBIT) margin for the first quarter is expected to be 19-21% reflecting ongoing operational efficiencies in manufacturing and showing a very significant improvement year-on-year. Looking forward and based on current information, ams expects another year of business growth for 2020. When compared to historical figures, the revenue expectations above exclude deconsolidated revenues related to the mentioned divestment and joint venture of around USD 20-25 million per quarter which have been deconsolidated as of year-end 2019. All expectations above are based on the assumption that the consequences of the coronavirus infections will not have a meaningful negative impact on our business for the first quarter 2020 or the year 2020.